Four global majors – Etisalat, Singtel, SoftBank and Telefónica – have signed an agreement to create the first Global Telco Security Alliance offering enterprises access to a comprehensive portfolio of cyber security services. The alliance will form one of the world’s biggest managed security services platforms with a combined customer base of more than 1.2 billion customers in over 60 countries across Asia Pacific, Europe, the Middle East and the Americas. Between them, they operate 22 world-class Security Operation Centres (SOCs) and employ more than 6,000 cyber security experts.
“With digital technologies widespread adoption and driving innovation across industry verticals, the security landscape has evolved. Organisations now face a new breed of threats and need to manage digital risks in their environments. Today’s strategic alliance will give us a unique opportunity to work hand in hand with our telecom counterparts and deliver innovative security services for digital risk management,” said Francisco Salcedo, Senior Vice President at Etisalat Digital.
Through their extensive resources and capabilities, which will expand as the Global Telco Security alliance brings in more members, the group can better protect enterprises against rising cyber security risks as the information security environment becomes increasingly complex.
Under the agreement, the group will share network intelligence on cyber threats and leverage their joint global reach, assets and cyber security capabilities to serve customers worldwide. Leveraging each member’s respective geographic footprint and expertise, the alliance is able to support each other’s customers anywhere and anytime, allowing them to respond rapidly to any cyber security threats.
Alliance members will also be able to pass the benefits of operational synergies and economies of scale to their customers in terms of lower costs. To enhance their cyber security portfolio, the members will also be developing a joint technology roadmap to create advanced cyber security applications for the Internet of Things as well as solutions that use predictive analytics and machine learning. The Global Telco Security alliance will also consider joint investments in SOCs, cyber security platforms and innovative start-ups.